**ARTICLE 1: LEASE AND TERM** 


1.1. Lease. Lessor hereby agrees to dry lease to Lessee, from time to time, and Lessee hereby agrees to dry lease from Lessor,
from time to time, one (1) 2007 Gulfstream Aerospace model GV-SP (G550) aircraft with U.S. registration mark N113CS (formerly N557GA), and manufacturer’s serial number 5154 (the “**Airframe**”), equipped with two
(2) Rolls Royce model BR700-710C4-11 engines bearing manufacturer’s serial numbers 15408 and 15409 (the “**Engines**”) and one (1) Honeywell model RE220 auxiliary power unit bearing manufacturer’s serial number P-480
(the “**APU**”), together with all components, accessions, systems, appliances, parts, instruments, accessories, furnishings, and any manufacturer’s or third-party warranties, any manufacturer service programs in connection with
the Aircraft and other equipment installed thereon or attached thereto on the date hereof, all specified avionics, equipment, spare parts and loose equipment and all logs, weight and balance documents, wiring diagrams, manuals and other records and
documentation pertaining to the operation and maintenance of such aircraft in Seller’s possession or under its control (the foregoing, together with the Airframe, Engines and APU, collectively, the “**Aircraft**”) to Lessee
hereunder. Changes to the U.S. registration mark of the Aircraft shall have no effect on this Agreement. 

 1.2. Term and
Rental Periods. The Term of this Agreement (“**Term**”) shall commence upon delivery of the Aircraft from Bombardier Inc., for a period of one (1) year. Thereafter, this